The Underground Wealth Of Nations: Commentary On 'The Other Path'
AbstractThis paper examines the contribution of Hernando De Soto’s “The Other Path” in the context of the literature on “underground economies”. Various types of “underground economies” are described and are shown to arise from different causes and to have different consequences. The underground economies of the Western World are compared to those in Socialist countries and those most likely to be found in developing nations. Reference: The World and I, June 1989
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Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 0502010.
Length: 8 pages
Date of creation: 03 Feb 2005
Date of revision:
Note: Type of Document - pdf; pages: 8
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Underground; informal; unreported; unrecorded; De Soto;
Find related papers by JEL classification:
- O17 - Economic Development, Technological Change, and Growth - - Economic Development - - - Formal and Informal Sectors; Shadow Economy; Institutional Arrangements
- H26 - Public Economics - - Taxation, Subsidies, and Revenue - - - Tax Evasion
This paper has been announced in the following NEP Reports:
- NEP-ALL-2005-04-16 (All new papers)
- NEP-DEV-2005-04-16 (Development)
- NEP-HPE-2005-04-16 (History & Philosophy of Economics)
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